Month: November 2025
Palantir earnings, Pizza Hut’s options, a new consumer staples giant and more in Morning Squawk
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are […]
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Dick Cheney, powerful former U.S. vice president who pushed for Iraq war, dies at 84
Dick Cheney, a driving force behind the U.S. invasion of Iraq in 2003 who was considered by presidential historians as one of the most powerful vice presidents in U.S. history has died at age 84, his family said in a statement on Tuesday. Cheney died Monday night from complications of pneumonia and cardiac and vascular […]
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Pfizer tops estimates, raises profit guidance even as sales fall
Smith Collection | Archive Photos | Getty Images Pfizer on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year profit guidance, as cost cuts helped to outweigh declining sales for the period. The pharmaceutical giant now expects its full-year adjusted profit to come in between $3 and $3.15 per share, up […]
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Luxury carmaker Ferrari beats third-quarter profit expectations as revenues jump
Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters Luxury carmaker Ferrari on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year. The Maranello, Italy-based sports car manufacturer posted […]
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Government shutdown day 35: Former United Airlines CEO Oscar Munoz on the growing flight delays
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Oscar Munoz, former United Airlines chairman and CEO, joins ‘Squawk Box’ to discuss the impact of government shutdown on air travel and flight delays. Source
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Yum Brands to review strategic options for Pizza Hut, opening the door to a sale
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of analysts’ expectations for same-store sales. Brandon Bell | Getty Images Yum Brands on Tuesday announced that it will explore strategic options for Pizza Hut. “The Pizza Hut team has been working hard to address business […]
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Free AI in India? Google, OpenAI and Perplexity are betting your curiosity will train their machines
Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017. Prakash Singh | AFP | Getty Images Artificial intelligence companies racing to expand in India are not just chasing customers — they are enlisting millions of users to help train AI models […]
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Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Norway’s $2 trillion sovereign wealth fund said it will vote against Elon Musk’s trillion-dollar pay package at Tesla‘s annual shareholder meeting this week, rebelling against management guidance and threats from Musk to step down […]
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European markets lower as investors react to earnings; UK’s Reeves delivers pre-budget speech
The skyline of London’s financial district. Leon Neal | Getty Images News | Getty Images LONDON — European stocks were lower on Tuesday, reversing positive sentiment seen at the start of the new trading month. The pan-European Stoxx 600 was down 1.1% at 8:25 a.m. (3:25 a.m.ET), with all sectors in negative territory. The U.K.’s […]
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Binance CEO dismisses claims the firm boosted a Trump crypto venture ahead of CZ pardon
Richard Teng, chief executive officer of Binance, during the DC Blockchain Summit in Washington, DC, U.S., on Wednesday, March 26, 2025. Bloomberg | Bloomberg | Getty Images Binance CEO Richard Teng has dismissed claims that the cryptocurrency exchange helped boost a Trump-backed stablecoin before former CEO Changpeng Zhao received a presidential pardon. The claims in […]
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